Confluence Wealth Services Inc. Buys 4,340 Shares of Vanguard FTSE Developed Markets ETF $VEA

Confluence Wealth Services Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 37.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,995 shares of the company’s stock after purchasing an additional 4,340 shares during the period. Confluence Wealth Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $912,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. TFO Wealth Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth $222,710,000. Arkadios Wealth Advisors grew its position in shares of Vanguard FTSE Developed Markets ETF by 289.9% in the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock valued at $4,729,000 after purchasing an additional 69,173 shares during the last quarter. Fiduciary Alliance LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock worth $498,000 after purchasing an additional 292 shares during the period. Twelve Points Wealth Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 2.7% during the 2nd quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock worth $1,121,000 after purchasing an additional 508 shares during the last quarter. Finally, Financial Synergies Wealth Advisors Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock worth $45,765,000 after purchasing an additional 27,816 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.2%

Shares of NYSEARCA:VEA opened at $61.18 on Tuesday. The company has a market cap of $179.83 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business has a 50 day moving average price of $58.92 and a 200 day moving average price of $55.78. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $61.32.

Vanguard FTSE Developed Markets ETF Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.